32 Ferris DrWestcliffeCO81252
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Westcliffe at 32 Ferris Dr, Westcliffe, CO, 81252 offers a 9.5% rental yield on a $139,000 purchase with $1,100/mo rent. Total monthly income registers $1,100/mo, and a $680/mo payment leaves $290/mo available for distribution. Annual cash flow reaches $3,483/yr on $46,079 to close, and return on cash invested stands at 27.47% in year one. Equity gained on principal adds $897/yr while 5% annual appreciation supports $38,403 over five years. Portfolio math shows five-year ROI at 142.99% and total cumulative return in cash at $65,888. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,100/mo property income against a $680/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2017
5.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81252, Westcliffe, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,144 (100%) |
| Owner Occupied HU | 1,843 (44.5%) |
| Renter Occupied HU | 422 (10.2%) |
| Vacant Housing Units | 1,879 (45.3%) |
| Median Home Value | $463,447 |
| Average Home Value | $598,626 |
Housing Distribution
Address Breakdown
Residential
2,260
Single Family
2,232
Multi-Family
28
Businesses
281
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Listed by: Brittany Martin • Martin & Tope Real Estate Co
Mls Name: Westcliffe Listing Service
Mls ID: #2517257
Disclaimer: Copyright Westcliffe MLS. All rights reserved. Information is deemed reliable but not guaranteed.